Stablecoins: Dollar's Hidden Ally?
Is the BIS right that stablecoins are just a faster on-ramp to the dollar instead of an alternative?
Is the BIS right that stablecoins are just a faster on-ramp to the dollar instead of an alternative? 🤔 USDT and USDC are making it easy for people to flee weak currencies, which actually strengthens dollar dominance. Makes you wonder if crypto is truly decentralized if it just reinforces the existing system. What do you think?

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